Saturday, May 14, 2011

WEEKEND DOUG NOLAND

 " It doesn’t – it wouldn’t – take much for huge positions to suddenly reside in “weak hands.” How much has flowed into any number of risk markets for the sole reason that these markets have been moving higher?   It's when highly speculative markets perceive – and presume – abundant liquidity that serious market liquidity issues tend to ferment."
"Gilded Age Of Speculative Trading"
You can keep buying because prices are rising, and for NO other reason, but in the aim of fixing our economy we end up with aother BUBBLE ECONOMY.
We can argue the FED had no other choices but to bail out the Fraudsters, and foist the losses on the public, lower rates to ZERO which stoked worldwide inflation, screwed less risky savers...so the MANY could pay for the ills of the few....but we won't argue that because WE know that isn't true.
During this time of crisis and supposed recovery the AVG person has seen their net worth crash as only 54% of AMericans even own ANY stocks, but near 30% or more are underwater in their homes where most of their net worth resides. Housing has NOT stabilized as yet, another 3 million homes are lined up for foreclosure.
Is it fitting that NOT ONE PERSON HAS BEEN BROUGHT TO JUSTICE FOR THE WORST FINANCIAL CRISIS IN HISTORY?
And how the media still thinks they can hoodwink us with THEIR truths and hand picked crony analysts? HARD, IN DEPTH reporting?...NOT.
You have to go elsewhere to get a glimpse of reality....maybe just going out your front door..

Duratek

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